Nomura Holdings (FRA:NSE) Tariff Resilience Score: 8/10 (As of Sep. 22, 2026)

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FRA:NSE Nomura Holdings Inc FRA:NSE
56 GF Score
Price €8.71
GF Value €7.19
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nomura Holdings Tariff Resilience Score?

Nomura Holdings FRA:NSE -2.44% 56 Tariff Resilience Score is 8 as of Sep. 22, 2026. GuruFocus rates FRA:NSE with a GF Score™ of 56/100 and a GF Value™ of €7.19 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 824 Capital Markets companies, Nomura Holdings ranks better than 95.02% on this metric.

Nomura Holdings has the Tariff Resilience Score of 8, which implies that the company might have Highly Resilient.

Nomura Holdings has Nomura Holdings Inc, as a financial services firm, has limited direct exposure to tariffs. Its global operations are more affected by financial regulations than trade tariffs, providing high resilience.

Tariff Resilience Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more.

The company's exposure to international trade tariffs based on these criteria:

1. Global supply chain dependencies
2. Manufacturing locations versus sales markets
3. Import/export balance and percentage of revenue
4. Historical impact from previous tariff changes
5. Available mitigation strategies (alternative suppliers, pricing power)
6. Industry-specific tariff exemptions or vulnerabilities

Based on the research, GuruFocus believes Nomura Holdings might have Highly Resilient.

Nomura Holdings  (FRA:NSE) Tariff Resilience Score Explanation

The Tariff Resilience Score ranges from 0 to 10, with 10 as the most resilient. GuruFocus divided Moat Score into following 3 categories:

Tariff Resilience Score Resilience Level
7 - 10Highly Resilient
4 - 6Average Resilient
0 - 3Highly Vulnerable

Nomura Holdings Tariff Resilience Score Related Terms

FRA:NSE vs MS, GS, SCHW: Tariff Resilience Score Comparison

For the Capital Markets subindustry, Nomura Holdings's Tariff Resilience Score, along with its competitors' market caps and Tariff Resilience Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nomura Holdings Tariff Resilience Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nomura Holdings's Tariff Resilience Score distribution charts can be found below:

* The bar in red indicates where Nomura Holdings's Tariff Resilience Score falls into.


FRA:NSE
56GF Score
Nomura Holdings Inc FRA:NSE
Tariff Resilience Score is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Tariff Resilience Score of 8 mean?
Nomura Holdings (FRA:NSE) has a Tariff Resilience Score of 8 as of Sep. 22, 2026. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. According to the industry distribution chart, Nomura Holdings ranks #41 out of 824 companies in the Capital Markets industry, placing it in the top 5%.
Is Nomura Holdings' Tariff Resilience Score too high?
Nomura Holdings' current Tariff Resilience Score is 8. Based on the distribution chart, Nomura Holdings ranks #41 out of 824 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nomura Holdings has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Holdings' Tariff Resilience Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Nomura Holdings ranks #41 out of 824 companies for Tariff Resilience Score. This places Nomura Holdings in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tariff Resilience Score for a Capital Markets company?
A good Tariff Resilience Score depends on the Capital Markets industry context. However, Tariff Resilience Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tariff Resilience Score mean?
A high Tariff Resilience Score can signal that a stock is expensive relative to its fundamentals. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. Nomura Holdings's current Tariff Resilience Score is 8. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Holdings (FRA:NSE) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.19, compared to a current price of €8.71 — trading 21.1% above its estimated fair value. The current Tariff Resilience Score is 8. Nomura Holdings' overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tariff Resilience Score calculated?
Tariff Resilience Score is calculated from a company's financial statements. For Nomura Holdings (FRA:NSE), the current Tariff Resilience Score is 8 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomura Holdings (FRA:NSE) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Holdings stock appears to be overvalued. The current stock price of €8.71 is trading 21.1% above its estimated GF Value™ of €7.19. GuruFocus considers Nomura Holdings to be Modestly Overvalued.

Key valuation signals for FRA:NSE:

  • Tariff Resilience Score: 8
  • GF Value™: €7.19 vs. price of €8.71 (21.1% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the FRA:NSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nomura Holdings Business Description

Address 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura Holdings Inc is a Japanese financial services group and one of the country's largest securities and investment banking firms. It operates through three main segments: Wealth Management, which serves individual investors in Japan through a nationwide retail network; Investment Management, which provides asset and investment management services through subsidiaries such as Nomura Asset Management and American Century Investments; and Wholesale, comprising Global Markets, which handles trading, sales, and structuring of equities, fixed income, and other financial products, and Investment Banking, which provides advisory, financing, and capital markets services. Clients include individuals, corporations, financial institutions, governments, and government agencies. Nomura operates internationally, with significant operations in the United States, the United Kingdom, Singapore, Hong Kong, and other markets, generating a substantial share of revenue from its wholesale businesses.
56GF Score

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Tariff Resilience Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.71
Price
€7.19
GF Value